Banter and General Comments, page-4904

Very sus there @Thesi

Silence followed by a backing of a poorly researched ASB quote...? The quality of a quarterly is not solely based on an amount shipped. Especially this time round...



GXY is producing 45,000T at Mt Caitlin. This is confirmed.



They have contracts to sell every bit of that, but at the moment they are CHOOSING to stockpile it because they will be able to renegotiate pricing in 6 months time thanks to Anthony Tse negotiating this intentionally into the current pricing (normally 12 months - see recent announcement). He believes pricing will turn before that, or that pricing will turn hard and fast and when it does you dont want to wait too long to take advantage.



Now think about that.



Later in the year.



According to the shorts and trolls and downrampers more shipments = a higher share price. And we WILL sell the stockpiled Spod later in the year (contracted sales quantities) at a much faster rate to get through the stockpiles... so...



So what will that mean for our quarterly's later in the year?



Well. This quarter already has a LOT going for it. Higher recoveries, higher quality Spod from across Floater Road, subsequent lowering cost of production and a HUGE Posco cash injection WILL all show up this quarter (thus the fear brigade choose to ignore it in their repetitive babble) ... err?



Now even with pricing down a bit, we still made money on our Spod last quarter (the figures being spread are lies btw. They dont know the price, it isnt disclosed). And with all the improvements mentioned above that will show this quarter, we will make even more this time round. And SDV and its "lowest production costs in the market" will be that bit closer too.



Then later in the year AT believes he will be able to achieve higher prices and we will have a stockpile of Spod to ship to existing contracts. That will give us MORE shipments (if that is so important to you).



Now when that happens, watch for the shorts (if they havent all gone long by then anyway) start contradicting their current view that all that matters is shipments (FYI it isnt) and watch their shift to start focusing on whatever else they can to try and make you fearful for your investment. Suddenly lots of shipments wont matter... oh dear.



Its what they do.



Now go DYOR. You will see that what I am saying is accurate. Then go back and see what the downrampers / shorters and trolls WANT you to focus on and what they CHOOSE to ignore and use a bit of logic to figure out why.



It aint hard.



Then rather than coming here and being part of the problem...


Choose to be a part of the solution instead.



Or... just sell out and down ramp for a better buy in price like many others have done... Give the shorts your shares, help them achieve the goal they set out on back in Jan last year. Basically give them a way out...



They sure as hell wont be getting any help from me.